CTV News | Russia says global deal on oil output cap is close CTV News Addressing top state and private sector oil executives, Russian President Vladimir Putin said Energy Minister Alexander Novak "is agreeing and practically has agreed with his partners in the global market" to cap oil output, in comments published on ... Russia's Putin says Russian oil firms agree not to increase oil output in 2016 Russian oil bosses voice support for oil output freeze, not cut MarketsRussia 'practically' agrees on oil production freeze |